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Property profile & analytics
OFF-MARKET
Estimated value
$2,910,000
Office buildings
197 Scott Swamp Rd, Farmington, CT 06032-3384
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US15-0105236
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Total area
41,876 SF
Lot
9.61 ac (418,612 SF)
Zoning code
CR
APN
FARM M:0137 B:4A-16950197
UPID
US15-0105236
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Facilities Engineering Associates, P.C. Engineering Consultant
-
Scott Swamp KinderCare Daycare Center
-
Torrington Co Auto Parts Store
-
FedEx Drop Box Postal Service Courier Service
-
M W Financial Group Ltd Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.32M
Blend (final)
Blend
$2.91M
Owner & transaction history
G&l Farmington LLC · 16 yrs held
G&l Farmington LLC
since 2009
7 recorded transactions
Zoning & alternative use
CR · Farmington, CT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.8M
+2.6%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Farmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Farmington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,695,000
Current use
RETAIL STORES
$4,820,000
Change: +3% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,200,000
Change: -11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,955,000
Change: -16% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,850,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$2.91M
Range $2.62M – $3.20M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$69 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$79,676
Tax year 2023
Assessed value
$3,291,050
Assessed 2023
Previous assessed
$3,291,050
+0.0% YoY
Effective rate
2.42%
On assessed value
Assessed land
$986,160
Assessed improvement
$2,304,890
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
41,876 SF
Lot
9.61 ac (418,612 SF)
Zoning code
CR
APN
FARM M:0137 B:4A-16950197
UPID
US15-0105236
Jurisdiction
FARMINGTON
Zoning & alternative use
CR · Farmington, CT
Zoning CR · permitted uses
CR · Farmington, CT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Farmington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.7M
RETAIL STORES
Est. value
$4.8M
AUTO REPAIR, GARAGE
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$4.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.9M
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
9.61 ac
Current owner
From public records · entity-resolved
G&l Farmington LLC
Entity
Mailing address
1077 BRIDGEPORT AVE STE #201, SHELTON, CT 06484-4622
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2020
—
G & L Farmington LLC
—
Deed
related
$3,872,000 · Peoplesbank (holyoke Ma)
Oct 8, 2009
$4,720,000
G&l Farmington LLC
Fdg Partners LLC
Warranty Deed
$3,600,000 · Peoples Bank
Dec 5, 2005
—
Fdg Prtnrs LLC
—
Deed Of Trust
related
$1,210,000 · Newalliance Bank
Apr 29, 2004
$2,710,000
Fdg Prtnrs LLC
Vanlinge,thompson
Warranty Deed
$2,032,000 · Savings Bank Of Manchester
Dec 10, 1997
—
Thompson Vanlinge
—
Deed Of Trust
related
$1,500,000 · Mechanics Savings Bank
Sep 25, 1997
$881,000
Portland Golfside Ltd
Wolfe Evelyn Ltd Inv
Grant Deed
—
Sep 30, 1996
$1,350,000
Wolfe Evelyn Ltd Inv
Millwood Partners LP
Warranty Deed
$1,100,000 · Wmc Mortgage Corp
—
—
G & L Farmington LLC
—
Deed Of Trust
related
$3,872,000 · Peoplesbank (holyoke Ma)
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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